Asset depreciation and Cost center

[Former Member]

Hi,

How the depreciation amount goes to cost center? Is it thru asset class ? or is it necessary to config cost cneter in Depreciation run settings . Basically batch run how does it pushed the amoun to cost center?

The same goes to Profit center and is it thru cost center?

Where do you configure Cost center for depreciation run?

Thanks in advance.

Chitra.

[andreas_mann3 · Accepted solution]

hi,

depreciation is booked to that cost-centre, which is assigned to the asset :

-> look trx AS03 or table ANLZ

Andreas

[Former Member]

Hello J. Holierhoek

Thanks a ton, it worked fine and depr run is posting to Cost Centers as desired.

But how do I assign points for the accurate solution that you provided

Nilabh Dubey

[Former Member]

Assets: Unable to post to the assigned Cost Center in Asset Master

When I do the Depreciation Run, the cost center that gets hit is the Cost Center specified on the Cost Element (associated with the Depreciation Expenses account).

Never does the Cost Center specified on the Asset Master gets picked.

In case I do not specify any Cost Center (Default) on the Cost Element, no depreciation documents gets posted and instead I get an error message ‘ Missing CO assignment’

As I understand, the Cost Center mentioned on the Asset Master should be posted to (which is not happening in my case).

Any missing configurations in Asset Accounting or something not configured correctly in CO????

[Former Member]

Hi Nilabh Dubey

As from 4.7 you need to customize the following path

Financial Accounting --> Asset Accounting --> Integration with the General Ledger --> Additional Account Assignment Objects --> Activate Account Assignment Objects

OBJECT KOSTL should be active

Financial Accounting --> Asset Accounting --> Integration with the General Ledger --> Additional Account Assignment Objects --> Specify Account Assignment Types for Account Assignment Objects

Select the company code

double click the depr area

select the Depr area which posts to the G/L

double click account assignment

insert the following lines

KOSTL Cost Center * Generic Trans. Type 01 Periodic Posting X

KOSTL Cost Center * Generic Trans. Type 02 Account Assignment for Depreciation X

Activate the checkbox.

Now the cost center should be derived from the masterdata of the asset

[Former Member]

Hi ,

When ever ur creating Asset master data(AS01), in that first screen it will ask u to put asset class. After that it will come to initial screen. In that 2nd tab it shows (Time dependant) there u have to put Cost centre ,Plant & Location . from there itself depreciation is directly allocated to that cost centre. Whenever we creating Asset only that time only depreciation starts so were ever the asset is created in that particular CC , in that CC only depreciation is also taken

And costcentre is always linked to a particular Profit Centre .

If u Want the configuration u just tell.

Thanking You

Ranjit K.L

[Former Member]

Hi,

Cost centre is inside your asset master. If you open the asset master data, find the "time dependant" tab, klik it, you'll see the cost centre there.

This means that 1 asset is map to 1 cost centre. When the depreciation executed, the system will read the cost centre assignment here, and make the depreciation posting to the assigned cost centre.

regards,

[Former Member]

In addition to what Halim says, you also need to configure for pushing the depreciation value into a cost center. This is done in IMG. The required trx is 'ACSET'.

Hope this will be of help to you.

Cheers..

[Former Member]

Hi Dhananjai,

Isn't it supposed to be for release 4.7 and after?

Below 4.7, the t-code doesn't even exist right?

regards,

[Former Member]

Hi Halim,

You are right.

Regards,

Dhananjai

[Former Member]

Thank you guys. really wealthy of Info .

Greatful to forum which provided the platform to share this sort of info to undrstand the concepts well.

Thanks,

Chitra

[Former Member]

Hi,

One small issue Dhana.

When I acquire asset it does not flow to Profit center accounting though the asset is tied to Cost center and Cost center master has a profit center.

Am I missing something in Config?

Thanks,

Chitra.

[Former Member]

Hi Chitra,

You need to generate the opening balances for Assets in PCA in addition to the assignments you have done. The t.code is 1KEI. The path is through SPRO under CO ~ PCA ~ Actual postings ~ Period end closing ~ Transferring selected balance sheet items ~ Generate op bal for assets.

Cheers..

[Former Member]

Hi Dhana,

I have doen that but it takes the whole balance. I need the new aquisition line item to get reflected in Profit center.

This is like this . I have done Op Baln 10000. Done 1Kei .The balance in PC is 10000. Then poste done aquisition. it is 2000 . Then 1KEI makes the bal 12000 in PC.I dont get 1000+2000 as separate line item.

Thanks,

Chitra

[Former Member]

Hi,

I noticed one thing. WHenever we post any P&L account it goes to Profit ceneter ( GLPCA table) smoothly.But when the question of Balance sheet account is involved like assets then the GLPCA does not get updated on line. But we can manage by running 1KEI at month end which carried the balace but not line items . I want to generate some line item report of asset from Profit center.

Did you encounter similar or am i missing something?

Thanks,

Chitra.

[Former Member]

Hi,

As far as I know, we can not have PCA documents for asset acquisitions. Only way is to transfer the assets periodically. GLPCA Table will be updated during normal document posting and the periodic transfer program updates the asset balance in relevant profit centers.

Hope this will help you..

Cheers..